Description

Most Series 7 study materials simply throw hundreds of questions at you without connecting the dots among all the different topics. That's why this complete, self-contained study guide for the Series 7 is different. Use it to understand the regulations, concepts, implications of suitability, product types, and markets as quickly as possible!

How hard is the Series 7?

In terms of required mental effort, the Series 7 test is actually pretty easy. The tricky part is the massive amount of information that you need to memorize. And most people get lazy about memorizing.

That's why the Series 7 has only a 65% pass rate. (Over a third of test-takers fail!)

Luckily, Brainscape has put together the dream team necessary to create an app with both the content and technology that will help you ace the exam with the least amount of annoying study time.

How to Study for the Series 7

Brainscape guarantees that you will score within the top 20th percentile if you put in the time to study the nearly 3,000 flashcards in this app.

Authored by Christian H. Cooper (CFA, FRM, & author of the FRM Study Course) and a team of ex- Kaplan Series 7 instructors & editors, this app contains all the concepts and calculation practice you need to comfortably pass on test day. It includes:

Nearly 3,000 cards covering every topic with a focus on Options, Municipal issues & the new Issue underwriting process.

Detailed practice questions and answers that connect the dots across subjects where applicable.

Use of Brainscape's Confidence-Based Repetition study algorithm, scientifically proven to promote better understanding and retention, not just memorization that you will forget tomorrow.

The ability to study anytime, anywhere using our mobile-friendly website or the Brainscape app!

Flashcard decks in this app are organized into a few types:

Standalone subject matter review decks;

Calculation decks in which you'll practice applying the subjects you have reviewed; and

A large, unifying glossary for every possible term you could encounter in your studies.

So put down the tired, old book from Securities Training Corporation (STC) or Kaplan -- and master the Series 7 in the shortest possible time!

36

Decks

2,971

Cards

15,173 current learners

Screenshots

Lessons in this Class

#

Deck Name

Num. of Cards

1

Corporate Securities Intro

This deck introduces the concepts behind corporate securities, how they come to market and basic security types.

31

2

The Primary Market

The primary market refers to the IPO process of taking securities to market. This is distinct from the trading of stock which is called the secondary market.

46

3

Basic Debt

This deck covers the basics of debt financial instruments from registration to valuation.

54

4

Corporate Debt

Corporate debt has its own unique features such as credit quality and price quoting conventions. Those are all covered here.

17

5

Treasury & Agency Debt

This deck starts with the basics of US Treasury debt then expands into mortgage debt and mortgage derivatives.

27

6

Yield Curves & Money Markets

The yield curve is an important tool for fixed income analysis. Short-term rates are important for curve construction. We also use this deck to discuss short-term fixed income products like money market accounts.

15

7

Municipal Securities Intro

Municipal securities are heavily tested on the Series 7. Pay close attention to those questions and topics dealing with the suitability of municipal securities for different investors.

42

8

Muni Rules and Taxes

39

9

Investment Companies

The Investment Company Act regulated what we now call mutual funds and ETF are a special type of Mutual Fund.

142

10

Options Intro

Here we cover the basics of option theory, valuation, and multiple option strategies.

91

11

Margin Accounts

Margin accounting is a big part of the Series 7 exam. Pay close attention to the different rules for long and short margin accounts.

53

12

Broker Dealer Support

A lower-priority topic, this deck deals with operational issues that are central to all member firms.

11

13

Stock Trading

This deck deals with the mechanics of stock trading -- the secondary market.

67

14

Fundamental Analysis

The basics of ratios and fundamental analysis

7

15

Securities Law

This deck begins with the Securities Acts of '33 and '34 and continues with regulations up to the current day.

18

16

Series 7 Glossary

Get stuck on a term? Search this deck first and don't let the vocabulary slow you down!

494

17

Company Types

Unlike public securities, private partnerships can also be used as investment vehicles and are covered on the Series 7 exam. Pay close attention to the oil and gas LL rules.

30

18

Option Calculations

This deck has option problems for explicit calculations. The size of this deck is not reflective of the amount of option questions you will see on the exam, but serves to provide additional practice.

76

19

Fixed Income Calculations

This deck has fixed income problems with explicit calculations. The size of this deck is not reflective of the amount of fixed income questions you will see on the exam, but serves to provide additional practice.

189

20

Equity Calculations

This deck has equity market problems for explicit calculations. The size of this deck is not reflective of the amount of option questions you will see on the exam but rather extra content for additional practice.

194

21

Macroeconomics Calculations

This deck has Macroeconomic problems for explicit calculations. The size of this deck is not reflective of the amount of option questions you will see on the exam. We just wanted to provide extra content for additional practice.

237

22

Microeconomics Calculations

This deck has Microeconomic problems for explicit calculations. The size of this deck is not reflective of the amount of option questions you will see on the exam. We just wanted to provide extra content for additional practice.

91

23

Portfolio Management Questions

This deck has Portfolio Management problems for explicit calculations. The size of this deck is not reflective of the amount of option questions you will see on the exam, but rather is to provide extra content for additional practice.

189

24

Alternative Questions

This deck has alternative investment problems for explicit calculations. The size of this deck is not reflective of the amount of option questions you will see on the exam, but rather just provides extra content for additional practice.

79

25

Fundamental Analysis Questions

This deck has Equity fundamental analysis problems for explicit calculations. The size of this deck is not reflective of the amount of option questions you will see on the exam, but rather provides extra content for additional practice.

147

26

MBS & ABS Questions

This deck has MBS problems for explicit calculations. The size of this deck is not reflective of the amount of option questions you will see on the exam, but rather just provides extra content for additional practice.

125

27

Derivatives Problems

This deck has derivative problems for explicit calculations. The size of this deck is not reflective of the amount of option questions you will see on the exam. We include extra content for additional practice.

33

28

Term Structure Questions

30

29

Derivatives and Swaps Questions

Problems and concept checkers related to interest rate derivatives.

17

30

Global Economics Questions

This deck has international economic problems for explicit calculations. The size of this deck is not reflective of the amount of option questions you will see on the exam. It's just some extra content for additional practice.

47

31

Equity Securities Calculations

95

32

Corporate Finance Questions

This deck has option problems for corporate finance calculations. The size of this deck is not reflective of the amount of option questions you will see on the exam but rather extra content for additional practice.

184

33

Retirement & Annuities

This deck covers the basics of long term investment accounts, their special rules, and aspects of taxation.

14

34

Customer Accounts

Customer accounts detail the regulatory requirements around setting up new cash, margin, and option accounts.

20

35

Underwriting Securities

This deck details the process of bringing new securities to market before the IPO date. We also cover the creation of the syndicate, their compensation, rights, and responsibilities.